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Coverage dated October 1, 2026 to October 2, 2026

Nike is cutting jobs and projecting a high-single-digit revenue decline as China sales drop 26%

Headline from Quartz

The sportswear company's Pace restructuring plan will reorganize it into 3 geographic regions and is projected to deliver $2.5 billion in savings by 2031

Quartz's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

2 articles, oldest first.

  1. Financial Times

    Nike to cut jobs as it forecasts revenue decline in the coming year (opens Financial Times)

    Published

    Financial Times's feed description

    US sneaker and sportswear group to open an India campus under its turnaround plan

  2. Quartz

    Nike is cutting jobs and projecting a high-single-digit revenue decline as China sales drop 26% (opens Quartz)

    Published

    Quartz's feed description

    The sportswear company's Pace restructuring plan will reorganize it into 3 geographic regions and is projected to deliver $2.5 billion in savings by 2031

Nike is cutting jobs and projecting a high-single-digit revenue decline as China sales drop 26% | Since Then